I have to use cell references / excel formuals for the answer boxes aside from a single numeric value

B D E F F G H 1 1 2 Noodles Unlimited, Inc. sells swimming pool toys. The following adjusted trial balance is for the year ended December 31. 14 Account Titles Debits Credits 5 Cash $37,500 6 Accounts Receivable 28,600 7 Inventory 43,300 18 Prepaid Rent 2,000 9 Equipment 69,000 10 Accumulated Depreciation $20,700 11 Accounts Payable 8,800 12 Unearned Fees 20,000 13 Long-term Notes Payable 75,000 14 Noodles, Capital 31,800 15 Sales Revenue 175,500 16 Sales Returns and Allowances 4,700 17 Sales Discounts 6,000 18 Cost of Goods Sold 67,700 19 Salaries and Wages Expense 25,900 20 Depreciation Expense 13,800 21 Rent Expense 24,000 22 Interest Expense 1,600 23 Loss on Sale of Equipment 7,700 24 Totals $331,800 $331,800 25 26 Required: 27 1. Prepare a multi-step income statement that would be used for internal reporting purposes 28 29 (Use cells AS to C24 from the given information to complete this question. All formulas must return positive values.) 30 31 NOODLES UNLIMITED 32 Income Statement 33 For the Year Ended December 31 34 35 Less: 36 37 38 Net Sales 39 C E G A B D F G H 19 Salaries and Wages Expense 25,900 20 Depreciation Expense 13,800 21 Rent Expense 24,000 22 Interest Expense 1,600 23 Loss on Sale of Equipment 7,700 24 Totals $331,800 $331,800 25 26 Required: 127 1. Prepare a multi-step income statement that would be used for internal reporting purposes. 28 29 (Use cells A5 to C24 from the given information to complete this question. All formulas must return positive values.) 30 31 NOODLES UNLIMITED 32 Income Statement 33 For the Year Ended December 31 34 35 Less: 36 37 38 Net Sales 39 40 Gross Profit 41 Expenses: 42 43 44 45 Income from Operations 46 Other Expenses and Losses 47 48 49 50 51 52 2. Compute the gross profit percentage. 53 54 Gross Profit Percentage 55